fbpx

Military-Backed Mytel Announces Successful Test of 5G Service

YANGON—Mytel, the telecom venture between the Myanmar and Vietnamese militaries, and the fourth telecom operator to be established in the country, has tested Myanmar’s first 5G service using technology developed by China’s Huawei. According to Mytel, Huawei’s 5G NR technology will provide significantly increased capacity, lower latency (or delays in sending data) and faster download […]

All sewn up? Vietnam garment makers face hitches in lucrative EU trade deal

HO CHI MINH CITY—For Tran Nhu Tung, Vietnam’s newly signed free trade deal with the European Union presents both huge opportunity, and a logistical headache. The vice chairman of Thanh Cong Textile Garment Investment Trading (TCM) in Ho Chi Minh City is planning a rapid expansion in anticipation of the influx of orders the tariff-slashing […]

Nissin Electric shifting production to Myanmar from Thailand, Vietnam

Metal parts and equipment maker Nissin Electric Co of Japan will build a plant in Myanmar, relocating some production processes from its factories in Thailand and Vietnam to cut labour costs in its contract manufacturing business. The company said early this week it will form a joint venture with Hosoda Holdings Co, a Japanese trader […]

How policy, not price or quality, is destroying Myanmar’s steel industry

Perhaps because Myanmar is a relatively recent convert to free trade it is keen to show its commitment to it. The more Donald Trump talks about making America great through slapping tariffs on China, the more we want to appear internationally-minded and progressive. But if we want to make the most from free trade, we […]

FastGo – The new comer in Myanmar Ride Haling industry is now giving big promotion campaigns

The new player – FastGo from Vietnam was introduced to Myanmar at the end of 2018 together with local partner AsiaSun Group. They’re offering very difference services charge model compare to others. They said they’re now giving free of services charges for all driver from 6 to 12 months to experience their services. After the […]

Thai event firm prioritises Myanmar in its overseas expansion

Despite the reluctance of many foreign companies to invest large amount of money in Myanmar in fear of policy uncertainty, Index Creative Village Plc is expanding its business in the country, according to Kreingkrai Mek Kanjanapokin, founder and Group CEO of the company. “We are focused 100 per cent on Myanmar because it is the […]

Mytel reaches five million subscribers in Myanmar

Mytel – Viettel’s brand in Myanmar – reached five million subscribers on Thursday just eight months after its launch. Mytel targeted to reach the milestone of 10 million subscribers this year. Viettel officially inaugurated Mytel in Myanmar on June 9, 2018 – its 10th international mobile phone network. Mytel is the fourth largest network provider […]

Vietnamese ride-hailing FastGo launched in Myanmar

FastGo Vietnam on December 28 launched its service in Myanmar, becoming the first Vietnamese firm in the ride-hailing sector to expand its operations to foreign markets. FastGo plans to introduce its services in big cities in Myanmar in 2019, with 2 million users and 100,000 drivers. In addition, it would continue to invest and call […]

Deloitte Southeast Asia Announces New Leadership for Myanmar and Singapore

Deloitte Southeast Asia has announced that Aye Cho and Cheung Pui Yuen have been appointed as Country Managing Partners for the Myanmar and Singapore practices respectively. They have taken on their new roles starting on 1 January 2019. Aye Cho has succeeded Soe Win who retired from Deloitte Myanmar as its Country Managing Partner earlier […]

Vietnam’s Viettel seeks to double Myanmar customer base – CEO

Vietnam’s largest telecommunication company, Viettel, is seeking to double its five million subscribers in Myanmar by the end of the year, its president and chief executive officer Le Dang Dung told Reuters an in interview on Friday. Viettel, whose $1.22 billion unit Viettel Global Investment is trading on the Unlisted Public Company Market, has also […]